Condition & Repairs

blog yellow circle pmgHere are various blog resources related to the condition of a property and any repairs and alterations required. Whether it's a reactive roof repair, pro-active maintenance plan, or carefully-chosen contractor - these help explain how to effectively keep properties in the right condition.

 

The ‘Chattels & Fixtures’ Predicament With Properties

chattgel fixtures tenants landlords property management guideWhen you talk about how an occupier or owner needs to leave a property for say a change in lease or ownership, it can sound very straight forward at first. They just remove what’s there’s and leave it in an acceptable condition.

However, in reality things can get more complicated, as with a lot of things when managing property interests.

And in particular, knowing what items need to stay or go, which can be a grey area with things that look pretty well part-and-parcel of the property but in actual fact may still need removing (or vice verse).

Introducing Chattels and Fixtures

Hence, let’s introduce two words that have technical legal meanings.

Although you may not come across them all of the time and with straight forward say...

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Getting ‘Vacant Possession’ Right at Properties, or Paying the Price

vacant possession property management guideThis is one of those phrases you may hear mentioned around which does have a deeper legal meaning – ‘vacant possession’ of a property.

In short, it means leaving a property empty. Typically, this might be at the end of a lease when a tenant vacates, or a buyer purchasing a property with nothing left there.

If you add a bit more legal technicality to this, the receiving party must be able to immediately exclusively occupy and possess the property at the relevant time in question.

In principle, this all makes sense. Any new tenant or owner will of course want an empty property without anything left from any previous owners or occupiers. And such previous interests will of course try their best to make sure the property is handed back in a...

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Getting Property Schedules of Conditions (& Inventories) Right First Time

schedule of condition inventories property management guideThese are surprisingly not understood and applied as much as they should do, with people not realising the potential of these.

Often known as Schedules of Condition with more commercial properties, or Inventories with residential ones, they’re basically a document logging the condition of the property before a tenant takes a new lease there.

Often full of pretty pictures, they describe just how good or bad the condition of the property is and what repairs already exist – the idea being that the tenant is not responsible for those that already exist, but only those that appear afterwards as the property’s condition deteriorates.

It does make sense really, particularly when standard repair clauses in leases can make a tenant liable for...

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